21Shares Hits 50 Crypto ETPs in Europe With Launch of AI and Raydium-Focused Products
21Shares has expanded its European crypto offerings to a total of 50 ETPs with the introduction of two new products: the 21Shares Artificial Superintelligence Alliance ETP (AFET) and the 21Shares Raydium ETP (ARAY). The AFET product tracks a diversified basket linked to the Artificial Superintelligence Alliance, which includes leading projects such as Fetch.ai, SingularityNET, Ocean Protocol, and CUDOS. This ETP provides investors with broad exposure to the growing AI-focused blockchain ecosystem, while being physically backed and fully exchange-listed for secure trading.
Meanwhile, the ARAY ETP offers targeted exposure to the Raydium token, the native asset of the Solana-based decentralized exchange. Like AFET, it is physically backed and exchange-traded, allowing investors to access the decentralized finance (DeFi) space on Solana efficiently. These launches mark another step in 21Shares’ strategy to provide diverse, accessible, and secure crypto investment options across Europe.
What 21Shares announced
21Shares said AFET is listed on Euronext Amsterdam and Paris, and ARAY on the SIX Swiss Exchange, taking its European lineup to 50 physically backed crypto ETPs. The firm also reiterated it manages more than $11 billion globally. GlobeNewswire
What AFET and ARAY track
AFET
Exposure to the Artificial Superintelligence Alliance the combined decentralized AI effort involving Fetch.ai (FET), SingularityNET (AGIX), Ocean (OCEAN), and CUDOS positioned as an open AI infrastructure.ARAY
Exposure to Raydium, a leading Solana DEX protocol; CoinDesk Indices is the index provider for ARAY and over 40 other 21Shares ETPs.
Why 21Shares hits 50 crypto ETPs in Europe matters
The milestone underscores Europe’s role as a venue for diversified crypto ETP access—covering single-asset, thematic and sector baskets though liquidity and assets still skew to the U.S. market. CoinDesk reports (citing ETFbook) that European crypto ETP AUM is ~$23.24B, whereas U.S. spot bitcoin ETFs alone are $150B+, with spot ether ETFs $23B+, pushing the combined U.S. total well over $170B.
Listings and trading venues
AFET trades on Euronext Amsterdam/Paris; ARAY is on SIX Swiss Exchange. Investors should confirm local eligibility and professional-only restrictions where applicable.
Product details and mechanics
Structure: Both ETPs are physically backed (token-collateralized) vehicles designed for exchange trading via regular brokerage accounts. Indexing: ARAY’s benchmark is calculated by CoinDesk Indices; AFET tracks the decentralized AI alliance basket as described by 21Shares.
Costs and access as 21Shares hits 50 crypto ETPs in Europe
Investors should review total expense ratios, creation/redemption mechanics, and local eligibility (some markets restrict crypto ETPs to professional investors). Exchange liquidity and spreads can vary by venue and time of day. (Background on European crypto ETP market structure and access.)
Context & Analysis
Analysis: Europe continues to list a broader variety of single-asset and thematic crypto ETPs than the U.S., where products are concentrated in bitcoin and ether. Even so, assets and trading volumes remain heavier stateside due to distribution, retirement platforms and market depth. Today’s launches add AI and Solana-DeFi exposure to 21Shares’ suite, extending thematic choice for European investors while aligning with active sectors of on-chain activity.
Conclusion
With the addition of AFET and ARAY, 21Shares has reached a milestone of 50 ETPs in Europe, highlighting its growing presence in the crypto investment landscape. AFET provides exposure to the Artificial Superintelligence Alliance, while ARAY focuses on the Solana-based DeFi ecosystem through the Raydium token, offering investors access to emerging blockchain themes.
This expansion helps broaden mainstream access to both decentralized AI and Solana DeFi markets. While U.S. ETFs still lead in overall size, Europe’s market now benefits from greater product variety, allowing investors to explore niche crypto sectors with physically backed, exchange-traded instruments.
FAQs
Q : What is AFET?
A : AFET is a physically backed ETP tracking the Artificial Superintelligence Alliance, which includes Fetch.ai, SingularityNET, Ocean Protocol, and CUDOS.
Q : Where does ARAY trade?
A : ARAY is listed on the SIX Swiss Exchange.
Q : Who provides the index for ARAY?
A : CoinDesk Indices serves as the index provider for ARAY and more than 40 other 21Shares ETPs.
Q : Why is this milestone notable?
A : 21Shares hits 50 crypto ETPs in Europe, signaling broad thematic coverage—even as the U.S. leads on AUM and volume.
Q : Are the products available to all investors?
A : Access depends on local rules; some markets allow only professional investors to buy crypto ETPs. Check your broker and jurisdiction.
Q : How do these compare to U.S. ETFs?
A : Europe offers more niche products, while the U.S. has far larger assets, led by spot bitcoin and ether ETFs (> $170B combined).
Q : What risks should I consider?
A : Crypto volatility, liquidity, custody concentration, and regulatory changes. Review the prospectus/KID before investing.